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Other Balance Sheet Items | 6 Months Ended
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Jun. 30, 2023
Balance Sheet Related Disclosures [Abstract] |
Other Balance Sheet Items | Selected Balance Sheet Items Other Current Assets Other current assets consist of the following:
| June 30, |  | December 31,
| 2023 |  | 2022
| (In millions)
Prepaid expenses | $ | 29.0 |  |  | $ | 24.5 |
Prepaid registry fees | 24.9 |  |  | 24.3 |
Accounts receivable, net | 5.3 |  |  | 6.2 |
Taxes receivable | 1.6 |  |  | 1.9 |
Other | 1.0 |  |  | 1.4 |
Total other current assets | $ | 61.8 |  |  | $ | 58.3 |
Other Long-Term Assets Other long-term assets consist of the following:
| June 30, |  | December 31,
| 2023 |  | 2022
| (In millions)
Long-term prepaid registry fees | $ | 8.7 |  |  | $ | 9.1 |
Operating lease right-of-use asset | 5.6 |  |  | 7.2 |
Restricted cash | 5.3 |  |  | 5.4 |
Long-term prepaid expenses | 5.2 |  |  | 6.6 |
Other | 3.1 |  |  | 2.3 |
Total other long-term assets | $ | 27.9 |  |  | $ | 30.6 |
The prepaid registry fees in the tables above relate to the fees the Company pays to ICANN for each annual term of .com domain name registrations and renewals which are deferred and amortized over the domain name registration term. Accounts Payable and Accrued Liabilities Accounts payable and accrued liabilities consist of the following:
| June 30, |  | December 31,
| 2023 |  | 2022
| (In millions)
Accounts payable and accrued expenses | $ | 7.6 |  |  | $ | 9.8 |
Customer deposits | 68.9 |  |  | 72.0 |
Accrued employee compensation | 44.5 |  |  | 59.0 |
Taxes payable | 32.0 |  |  | 37.4 |
Interest payable | 19.5 |  |  | 19.5 |
Accrued registry fees | 13.6 |  |  | 12.7 |
Customer incentives payable | 6.8 |  |  | 7.1 |
Other accrued liabilities | 9.3 |  |  | 9.0 |
Total accounts payable and accrued liabilities | $ | 202.2 |  |  | $ | 226.5 |
The balance of customer deposits varies from period to period due to the timing of payments from certain large customers. Accrued employee compensation primarily consists of liabilities for employee leave, salaries, payroll taxes, employee contributions to the employee stock purchase plan, and incentive compensation. Accrued employee incentive compensation as of December 31, 2022 was paid during the six months ended June 30, 2023. Taxes payable reflects amounts accrued for the income tax provision and payments made during the period. This balance fluctuates from period to period due to the timing of income tax payments in the Company’s major tax jurisdictions. Long-term Tax and Other Liabilities Long-term tax and other liabilities consist of the following:
| June 30, |  | December 31,
| 2023 |  | 2022
| (In millions)
Long-term tax liabilities | $ | 42.1 |  |  | $ | 60.5 |
Long-term operating lease liabilities | 1.2 |  |  | 1.6 |
Long-term tax and other liabilities | $ | 43.3 |  |  | $ | 62.1 |
Long-term tax liabilities as of June 30, 2023 reflects a $19.3 million reclassification to current liabilities of the next installment of the transition tax liability on accumulated foreign earnings resulting from the 2017 Tax Cuts and Jobs Act.

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//210/tableOfContent + Details
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